NYLEX Benefits - Bank-Owned Life Insurance (BOLI)BOLI Overview. Bank-Owned life insurance (BOLI), encompasses all life insurance that a bank purchases and either owns or in which it has a beneficial interest.http://www.newyorklife.com/nyl/v/index.jsp?vgnextoid=94c1dcec569d2210a2b3019d221024301cacRCRD

What Is Bank-owned Life Insurance? | eHow.comOne method of investing that offers a high yield to banks is bank-owned life . When the banks purchased life insurance on employees, the death benefit was . foreclosure, short sale, bank-owned home -- this laundry list of terms can be .http://www.ehow.com/about_6631031_bank_owned-life-insurance_.html